SINGAPORE: The city-state’s economic growth rate may triple in 2004 from this year’s sluggish pace, due to rising global demand for its computer chips and electronic goods, Deputy Prime Minister Lee Hsien Loong said yesterday.
Gross domestic product (GDP) growth next year could be between 3% and 5%, he said, although unemployment would likely worsen by end-2003.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!